Monday, 3 September 2012

Henry Ford and Current Economic Situation

http://www.nytimes.com/2012/09/03/opinion/henry-ford-when-capitalists-cared.html?_r=1&ref=global-home

A well-written reminder of the views of Henry Ford on paying workers and a healthy economy.  Also an interesting comparison with Germany that undercuts the claim that falling wages are a result of globalization - consensual as opposed to confrontational social contract.

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